Distribution Of Circular And Notice Of General Meeting CHROMETCO LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2002/026265/06) Share code: CMO ISIN Code: ZAE000070249 (“Chrometco” or “the Company”) DISTRIBUTION OF CIRCULAR AND NOTICE OF GENERAL MEETING Shareholders are referred to the detailed terms announcement released on SENS on 25 August 2016 wherein the Company announced that it had entered into agreements to recapitalise the Company by way of a subscription agreement for R5 million and a loan facility of R10 million (“Recapitalisation”). The Company also announced that it had entered into an agreement to acquire 51% of Palm Chrome Holdings Proprietary Limited in exchange for 200 million Chrometco ordinary shares (“Palm Chrome Acquisition”). Furthermore, the Company announced that it had entered into an agreement to acquire 51% of Black Chrome Holdings Proprietary Limited and 25% of the commodity trading company, Sail Minerals Proprietary Limited in exchange for 2 205 million Chrometco ordinary shares (“Black Chrome Acquisition”). Shareholders are hereby advised that the JSE has formally approved the circular relating to the Recapitalisation, Palm Chrome Acquisition and Black Chrome Acquisition (“the Circular”) and that the Circular was distributed to shareholders today, 30 May 2017. NOTICE OF GENERAL MEETING Notice is hereby given that a general meeting of Chrometco shareholders will be held at 10:00 on Tuesday, 18 July 2017, at Rosebank Towers, 15 Biermann Avenue, Rosebank, 2196 (“the General Meeting”), to consider and if deemed fit approve, the resolutions relating to the Recapitalisation, Palm Chrome Acquisition and Black Chrome Acquisition as contained in the notice of General Meeting which forms part of the Circular. The date on which shareholders must be recorded in the share register of the Company for purposes of being entitled to attend and vote at the General Meeting is Friday, 7 July 2017, with the last day to trade being Tuesday, 4 July 2017. The Circular incorporating the notice of General Meeting is also available on the Company’s website www.chrometco.co.za and can be viewed at its offices at 71 Van Beek Avenue, Glenanda, during office hours. Johannesburg 30 May 2017 Designated Advisor and Corporate Advisor: PSG Capital Proprietary Limited Date: 30/05/2017 04:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.